Now would be a good time to check all the emissions related parts. The MAF sensor, PCV valve and the EGR valve. I have also focused on things that might cause piston tops to run hot. Cooling system and EGR.
I have a 2006 Ranger 4.0L V6 with 150k miles on it. It had a steady diet of Mobil 1 5w30 but some OCIs in 2014 through Sept 2015 were on the long side.
I discovered an FL-820-S that was torn. I have no idea how many filters actually tore. 6 months later after some engine cleanup, this Ranger is purring like a kitten on conventional oils. Consumption is about 1/2 qt per 4K miles.
Some basic maintenance items have been done: radiator flush, new thermostat, air cleaner, clean MAF sensor, etc. Most of the pinging I was observing is gone.
I think my next goto filter will include the WIX 51372.
I may start using full synthetics again to see if I can keep the engine cleaner for longer and minimize varnish deposits.
Good advice has already been proposed. Good luck.
PS: I looked again and the Cologne 4.0 engines were never re-specified for 5W20. Since they are of German descent, a thicker oil would be used by the Germans. As the engine wears, a higher viscosity oil would maintain oil pressure better. I am still using ford spec 5w30. If oil consumption gets much worse than 1 qt per 5000, I will likely go with a 10W40.